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Lancaster County, SC

RANK #417 / 1001 NAT  ·  #9 / 24 SC  ·  POP 104,475

1YR FORECAST: -0.2%

5YR OUTLOOK: +30%

#33 Fastest Growing
Lancaster County's housing market is projected to grow -0.2% over the next year, tracking near the national average.

[01] Why Lancaster County?

Lancaster County, South Carolina, distinguishes itself with its historical ties, particularly as the birthplace of President Andrew Jackson. The county, named after England's House of Lancaster, is located in north-central South Carolina, approximately 40 miles south of Charlotte, North Carolina, and 60 miles north of Columbia, South Carolina. Commuting to Charlotte typically takes 30 to 60 minutes, depending on traffic. The community offers a blend of small-town living with access to big-city amenities. Outdoor recreation is available at places like Forty Acre Rock Heritage Preserve and along the Catawba River, which attracts kayakers and fishermen. Andrew Jackson State Park also provides nature trails and a fishing lake.

Life in Lancaster County offers a mix of affordability and community. The county is experiencing population growth, attracting families, young professionals, and retirees. The Lancaster County School District serves over 13,000 students across 25 schools, with some schools performing above average. While a car-first lifestyle is common, the Lancaster Area Ride Service (LARS) provides transportation options for residents. The local economy, once dominated by textiles, has diversified, with recent investments in corporate facilities and advanced manufacturing. This economic shift has brought new job opportunities to the area.

MARKET PROFILE

Sun Belt Exurban Boom

Lancaster County is one of 43 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -2.4% runs below the profile's typical -0.0%.

See all 43 Sun Belt Exurban Boom counties →

[02] Market Snapshot

Housing Ratio
17.7x

Overvalued relative to economy

Home Prices
-2.4%

Prices declining

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 17.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Red Ventures Technology
    1,000+
  2. 2
    CompuCom Systems Technology
  3. 3
    Nutramax Laboratories Manufacturing
    500+
  4. 4
    Founders Federal Credit Union Finance
  5. 5
    Lancaster County School District Education
  6. 6
    Movement Mortgage Finance
  7. 7
    Continental Tire of the Americas Manufacturing
  8. 8
    Medical University of South Carolina (MUSC) Lancaster Medical Center Healthcare
  9. 9
    OceanaGold / Haile Gold Mine Other
  10. 10
    Walmart Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Lancaster County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
104,475
+3.54% YoY
Median Household Income
$78,869
Median Home Value
$329,900
-2.42% 12mo
Median Rent
$959
Average Annual Pay
$67,147
+4.0% YoY
Employment
29,064
+3.4% YoY
Income-to-Home-Value
0.2391
Near national average
Migration Inflow
2.02%
of pop. from another state
Bachelor's Degree+
33.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$435,000
Days on Market
56
Moderate pace
Months of Supply
4.3
Balanced market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
13.3%
Listings w/ Price Drops
28.0%
Building Permits (2025)
1,110
Single-Family Permits
1,110

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
11.3
per 100K · nat avg 6.3
Firearm Fatalities
20.2
per 100K · nat avg 14.8
Injury Deaths
117.8
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$6,050M
TOTAL
PROJECT AMOUNT STATUS
AI Data Center (Greenfield Road & Harrisburg Pike)
CoreWeave (leased from Chirisa Technology Parks/Machine Investment Group)
$6,000M Under Construction
Residential Land Development (Great Falls Highway)
Broadstreet Global
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +3.5% 97 percentile
Income Growth +5.5% 93 percentile
Vacancy Rate 1.0% 49 percentile
Home Price Change -2.4% 10 percentile
Rent Growth +3.6% 63 percentile
Price/Rent 16x 49 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Lancaster County, SC a good place to move to?

Lancaster County scores 58/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#417). Median household income is $78,869 and job growth is running at +3.4%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Lancaster County affordable?

Lancaster County leans toward the expensive side. A median home value of $329,900 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $959/month on average.

Is Lancaster County growing or shrinking?

Lancaster County is growing on multiple fronts. Population is up +3.5% year-over-year while employers added jobs at a +3.4% clip. Home values shifted -2.4% in the past year.

Are people moving to Lancaster County?

There's a moderate stream of newcomers. About 2.02% of residents moved from another state, which is above average and suggests Lancaster County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Sumter County, SC 58 Kershaw County, SC 56 Greenwood County, SC 56 Horry County, SC 55 Pickens County, SC 55 Orangeburg County, SC 66 Roanoke County, VA 58 Grafton County, NH 58